Market Recap Check: BGC Group Inc (BGC)’s Negative Finish at 8.71, Up/Down -1.80

The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.

The price of BGC Group Inc (NASDAQ: BGC) closed at $8.71 in the last session, down -1.80% from day before closing price of $8.87. In other words, the price has decreased by -$1.80 from its previous closing price. On the day, 2.87 million shares were traded. BGC stock price reached its highest trading level at $8.865 during the session, while it also had its lowest trading level at $8.65.

Ratios:

We take a closer look at BGC’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 7.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 12.26. In the meantime, Its Debt-to-Equity ratio is 1.34 whereas as Long-Term Debt/Eq ratio is at 1.04.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 07 ’24 when Windeatt Sean A sold 118,449 shares for $8.75 per share. The transaction valued at 1,036,429 led to the insider holds 641,175 shares of the business.

Windeatt Sean A sold 40,000 shares of BGC for $349,200 on May 06 ’24. The Chief Operating Officer now owns 759,624 shares after completing the transaction at $8.73 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BGC now has a Market Capitalization of 4449163776 and an Enterprise Value of 4906571264. As of this moment, BGC’s Price-to-Earnings (P/E) ratio for their current fiscal year is 72.70, and their Forward P/E ratio for the next fiscal year is 8.80. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.55. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.08 while its Price-to-Book (P/B) ratio in mrq is 4.72. Its current Enterprise Value per Revenue stands at 2.466.

Stock Price History:

Over the past 52 weeks, BGC has reached a high of $8.89, while it has fallen to a 52-week low of $3.98. The 50-Day Moving Average of the stock is 8.63%, while the 200-Day Moving Average is calculated to be 32.93%.

Shares Statistics:

According to the various share statistics, BGC traded on average about 5.68M shares per day over the past 3-months and 4123700 shares per day over the past 10 days. A total of 390.09M shares are outstanding, with a floating share count of 362.93M. Insiders hold about 26.51% of the company’s shares, while institutions hold 54.53% stake in the company. Shares short for BGC as of 1713139200 were 13114791 with a Short Ratio of 2.31, compared to 1710460800 on 10596046. Therefore, it implies a Short% of Shares Outstanding of 13114791 and a Short% of Float of 4.1100003.

Dividends & Splits

The forward annual dividend rate for BGC is 0.04, which was 0.03 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 0.003382187The stock’s 5-year Average Dividend Yield is 4.74.

Most Popular

[the_ad id="945"]